Yen My 2 Industrial Zone

Yen My 2 Industrial Park Hung Yen is an ideal destination for businesses seeking high-quality industrial land for lease. Located in the key economic region of Northern Vietnam, the industrial park benefits from a strategic location with convenient connections to Hanoi, Noi Bai Airport, and major economic centers such as Bac Ninh, Hai Duong, and Hai Phong. The internal and external transportation network surrounding the leased land area is highly diverse, featuring highways, railways, and inland waterways, facilitating efficient goods transportation.

Yen My 2 Industrial Park also stands out with its abundant workforce, high skill levels, and professional work ethic. Incentive support policies from the local government further drive business development. With modern infrastructure, a favorable investment environment, and the success of major projects such as Ming Shin, ADC Plastic, and Tribeco,… Yen My 2 Industrial Park is the optimal choice for businesses looking to invest in production and efficient business operations.

Overview of land for lease in Yen My 2 Industrial Park, Hung Yen

1. Investor Profile – Hoa Phat Group

The investor of the Yen My 2 Industrial Park project in Hung Yen is Hoa Phat Hung Yen Industrial Park Infrastructure Development Co., Ltd., a subsidiary of Hoa Phat Group. Hoa Phat’s real estate business covers construction, industrial park infrastructure development, residential projects, and urban areas.

Currently, Hoa Phat is developing and operating three industrial parks: Pho Noi A Industrial Park (688.94 ha) and Yen My II Industrial Park (Phase 1: 97.5 ha, expansion: 216 ha) in Hung Yen; and Hoa Mac Industrial Park (131 ha) in Ha Nam. The total investment for the Yen My 2 Industrial Park project is estimated at VND 3,577 billion. In Phase 1, 97.5 ha have been successfully developed, reaching a 100% occupancy rate. Hoa Phat is now actively clearing land and expanding the project by an additional 216 ha, with a total investment of nearly VND 2,700 billion. With strong financial capacity and proven expertise in industrial park infrastructure development, Hoa Phat Group is a reputable and reliable partner for businesses looking to lease industrial land.

2. Location of Yen My 2 Industrial Park, Hung Yen

The land for lease in Yen My 2 Industrial Park is strategically positioned, connecting to key transportation routes. It is located in the land area of Yen My Town, Yen My District, Hung Yen Province. Specifically, Yen My 2 Industrial Park directly borders National Highway 39 and the eastern part of the Bac Hung Hai River, linking to two major transportation routes—Hanoi–Hai Phong Expressway and National Highway 5 via National Highway 39:

• 30 km from Hanoi city center.
• 55 km from Noi Bai International Airport.
• 75 km from Hai Phong Port.
• 53 km from Bac Ninh City.
• 45 km from Hai Duong City.
• 69 km from Hai Phong City.
• 51 km from Ha Nam City.

With its prime location and excellent transportation connectivity, Yen My 2 Industrial Park is regarded as an attractive destination for businesses, particularly as more foreign enterprises shift their investment flows to Vietnam.

3. Scale of land for lease in Yen My 2 Industrial Park

The total planned area for Yen My 2 Industrial Park covers 313.5 ha, with 212.8 ha designated for industrial use. The land lease term extends until 2065, ensuring long-term stability and sustainable development for investors.

Hoa Phat, the developer, has systematically divided the land into smaller plots to efficiently manage, develop, and construct according to designated functions. In Phase 1, the project covered 97.5 ha, with a total investment of nearly VND 900 billion, achieving 100% occupancy. In Phase 2, Hoa Phat is actively clearing land for an additional 216 ha, enhancing infrastructure to accommodate diverse land-use demands from investors.

4. Key industries in Yen My 2 Industrial Park, Hung Yen

Yen My 2 Industrial Park is a multi-sector industrial park, focusing on environmentally friendly industries. The park primarily attracts investments in sectors such as electronics assembly, automotive and motorcycle mechanics, steel production, steel-based products, pharmaceuticals, and more.

Notable companies operating successfully in Yen My 2 Industrial Park include:

• Ming Shin Co., Ltd. – Specializing in paper and packaging production.
• ADC Plastic JSC – A leading plastic manufacturing company.
• Tribeco Northern Co., Ltd. – Beverage production.
• Austdoor Hung Yen One-Member Co., Ltd. – Glass door manufacturing.
• Napharco Pharmaceutical Co., Ltd. – Pharmaceutical production.

With its diversified industrial ecosystem and strong infrastructure, Yen My 2 Industrial Park continues to be an attractive destination for domestic and international investors.

Modern infrastructure of Yen My 2 Industrial Park, Hung Yen

1. Technical infrastructure

• Power Supply: The industrial park ensures a stable electricity supply with a total capacity of 63 MVA, supported by a 110kV/22kV transformer station.
• Water Supply: A modern water supply system with a capacity of 7,500 m³/day-night ensures clean water for all industries, including food production, meeting national clean water standards.
• Wastewater Treatment: The internal wastewater treatment system has a maximum capacity of 6,000 m³/day-night, with a clear waste collection and treatment process.
• Fire Protection System: Fire safety measures include reserved water storage and hydrants installed along internal roads. The system undergoes strict periodic maintenance and inspections to ensure workplace safety.
• Internal Road System: The main roads within the industrial park are 50m wide, while branch roads have a width of 23.5m, ensuring smooth traffic flow.
• Telecommunication System: Telecommunication lines are installed based on investors’ needs, ensuring seamless connectivity for businesses operating within Yen My 2 Industrial Park.

2. Social infrastructure

Beyond technical infrastructure, Yen My 2 Industrial Park has allocated 31 ha and an investment of VND 4,964 billion for a low-income housing project. This includes:

• 250 townhouses,
• 9,000 social housing apartments,
• Essential facilities to support the residential community within and around the industrial park,

The comprehensive infrastructure makes Yen My 2 Industrial Park an attractive destination for businesses seeking a well-equipped and sustainable industrial hub.

Land rental price at Yen My II Industrial Park

The rental price for industrial land at Yen My 2 Industrial Park, Hung Yen ranges from $130 to $135 USD/m². Additionally, tenants are required to pay a management fee of only $0.7 USD/m² per year.

To support business investment and growth, the industrial park offers tax incentives, including:

• 2 years of full tax exemption.
• 50% tax reduction for the next 4 years.

These competitive pricing and incentives make Yen My II Industrial Park an attractive choice for businesses seeking cost-effective and well-supported industrial land.